BUSINESS
October 28, 1993 | From Times Staff and Wire Reports
Dorfman Picked for Posts at Hughes: Steven D. Dorfman was elected a senior vice president of Hughes Aircraft Co. and president of Hughes' telecommunications and space group. He will also join the Los Angeles company's office of the chairman. In leading the telecommunications sector, Dorfman, 58, succeeds Anthony J. Iorillo, a 34-year Hughes veteran who helped make the company's satellite business among the most successful in the industry.
BUSINESS
April 10, 1985 | WILLIAM C. REMPEL, Times Staff Writer
Amid mounting U.S. pressure to open its trade doors to American companies, Japan agreed Tuesday to receive the license application of Hughes Aircraft and two Japanese partners to jointly operate a private satellite system for domestic Japanese markets. Approval of that business license by Japan's Ministry of Post and Telecommunications would clear the way for development of a two-satellite network expected to cost between $300 million and $400 million.
BUSINESS
January 23, 1988 | RALPH VARTABEDIAN, Times Staff Writer
Martin Marietta was awarded an important $508-million contract Friday to build a National Test Bed simulation facility for the Strategic Defense Initiative, dealing its competitor Rockwell International a sharp defeat. Under a five-year contract awarded through the Pentagon's Strategic Defense Initiative Organization, Martin will design and build a large computer-driven simulation complex that will explore the feasibility of stopping a Soviet nuclear missile attack.
BUSINESS
April 4, 1990 | RALPH VARTABEDIAN, TIMES STAFF WRITER
American commercial satellite producers stand to gain only modestly in the near future from an agreement reached Tuesday aimed at opening the Japanese satellite market. But the accord could have far-reaching benefits that will allow U.S. producers to maintain their dominant world position in the face of a concerted Japanese push to become major producers of commercial satellites.
BUSINESS
May 6, 1988 | RALPH VARTABEDIAN, Times Staff Writer
Hughes Aircraft Chairman Albert D. Wheelon abruptly retired Thursday, citing unexplained "personal reasons." Wheelon's retirement from Hughes, a General Motors subsidiary based in Los Angeles, came at a hastily called meeting of Hughes Aircraft directors at GM headquarters in Detroit. The nine-member Hughes Aircraft board, controlled by GM executives, elected Hughes veteran Malcolm R. Currie as the new chairman.
BUSINESS
December 2, 1986 | RALPH VARTABEDIAN, Times Staff Writer
Albert D. Wheelon, executive vice president of Hughes Aircraft, Monday was named the company's chairman and chief executive, effective next April, when Chairman Allen E. Puckett retires at the age of 67. Wheelon, who has an extensive background in science and technology, was elevated over Hughes President Donald White and Vice Chairman Richard Alden.